August 20, 2007

Its property but not as we know it

Buying property as an investment can have a certain amount risk, but if that small piece of land ended up in the middle of a large development or was found to have other resources then its value could increase substantially.

Which brings us to a strange subject, buying property on the moon, mars or any other body in the solar system. Once you have stopped laughing, this is a serious business and people are buying up plots of land as future investments.

Now the question to them is, “What planet do you live on?” these property investors are visiting sites like Moon Estates and buying an acre of the moon for anything from $20 to $100, sounds cheap! Well I suppose it is going to be, after all who actually owns the moon? Do they really think that if there ever was a gold rush on the moon, that their investment would be honoured?

For anyone who wishes to invest in any property, it is always advisable to visit the site, take a surveyor and even a solicitor if possible and mark the boundaries out after purchase, and then you can be sure of ownership.

Source [Linked In]

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